at least two times or three times a day
Generally, spatially interested economists study the effects of space on the economy. Geographers, on the other hand, are interested in the economic processes' impact on spatial structures. Moreover, economists and economic geographers differ in their methods in approaching spatial-economic problems in Economics is a science that studies economies and develops possible models for their functioning, e.g. He studied economics at the LSE (London School of Economics). Economic, without an “s”, is an adjective meaning “connected with economy”, e.g. The economic growth is very slow.several ways.
The different between them is that the word economics and economic.
Distinguish between economics activities and economics system
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
Transfer Earnings is the amount that the factor could earn in it's best paid alternative employment. Economic rentis the difference between what the factor is earning and what the factor could earn in it's alternative employment.
Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
the classical believe the economy is best left to itself whereas the keynesian argued that government intervention could improve economic performance
management is a part of economic
It means to explain the differences between one thing and another thing. For example: Can you differentiate "power" and "force"? Or, can you differentiate "history" and "myth"?
Difference between economics & managerial economics 1) Managerial Economics is micro in character Pure Economics is both micro and macro in character 2) Managerial Economics study only practical application of the Economic principle to the problem of firm Pure Economics deals with the study of principles itself 3) Managerial Economics deals with the Economic problems of the firm while Pure Economics deals with Economic problems of both firm and individuals 4) Managerial Economics deals with profit theory only Pure Economics deals with all distribution theories like rent, wages, interests, and profits.
Economic geography studies the spatial patterns and distribution of economic activities, such as production, consumption, and trade. It examines how geography influences economic development, resource allocation, and regional disparities. This field also explores the relationships between economic systems and the physical environment.
The five main areas of geography are physical geography (study of landforms, climate, etc.), human geography (study of human interaction with the environment), environmental geography (study of the relationship between humans and the environment), regional geography (study of specific regions or areas), and geospatial technology (use of technology in geographic analysis).